Rishi Laser (BSE: RISHILASE) had a P/E of 46.5× on 6 Nov 2026, above the industry P/E of 25.1×. It earns ROCE of 8.4% and ROE of 5.0%, and sales grew 6.7% a year over 3 years while net profit fell 9.2%. Debt is 0.48× equity. It is a small-cap company with a market cap of ₹148 Cr, ranked 46th of 71 Metal Fabrication companies by market cap; the shares rose 11% over the past year.
- ₹144.00
- ₹149.50
- ₹140.00
- ₹144.30
- 6.2K
Health check
- ReturnsBehind
+11.0% over a year, better than 1 of 7 peers.
- Price tagPricier
P/E 46.5 vs industry 25.1.
- GrowthSlow
Sales +6.7%, profit −9.2% a year over 3 years.
- ProfitabilityWeak
ROCE 8.4% vs peer median 15.6%.
- Balance sheetFair
Debt 0.48× equity, interest covered 2.3×, Piotroski 6 of 9.
- Red flags3 to check
Return on equity is low at 5.0%.
Small cap
Defensive
Key metrics
- Market cap
- ₹148 Cr
- Small cap
- P/E
- 46.5
- Industry 25.1
- Price to book
- 1.34
- Peers 7.00
- Dividend yield
- 0.00%
- ROE
- 5.0%
- Peers 8.6%
- ROCE
- 8.4%
- Peers 15.6%
- Debt to equity
- 0.48
- Debt ₹36 Cr
- EPS (TTM)
- ₹3.18
- OPM (TTM)
- 7.4%
- Net margin 1.5%
- Sales growth
- +3.0%
- Latest quarter vs a year ago
- Profit growth
- −72.0%
- Latest quarter vs a year ago
- Price to sales
- 0.91
- EV/EBITDA 14.5
Strengths and risks
Strengths
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Return on equity is low at 5.0%.
- Quarterly profit down 72.0% on a year ago.
- P/E of 46.5 against an industry P/E of 25.1.
About Rishi Laser
Rishi Laser Limited manufactures and sells fabrication of sheet metal components and machines in India. The company provides parts for excavating machines; and manufactures steel fabrications and assemblies for a range of engineering industries. It also offers contract manufacturing, design and development, punching, sheet steel fabrication, bending, laser cutting, welding, and surface treatment services. The company serves textile and general…
- Headquarters
- Mumbai
- Employees
- 281
- Sector
- Industrials
- ISIN
- INE988D01012
- Website
- rishilaser.com
Price range
- Avg volume (3M)
- 11.5K
- 1-year return
- plus 11.0%
- From 52-week high
- minus 6.4%
Peers · Metal Fabrication
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BHARATFORGBharat Forge | 1,740.00 | minus 0.74% | 85,029 | 121.8 | 7.23 | 15.6% | 6.7% | 14.7% | 9.7% | 26.9% | 0.49% | plus 32.3% |
| INDOMIMINDO-MIM | 1,219.50 | minus 3.93% | 60,302 | 101.1 | 20.94 | 22.8% | 21.3% | 28.6% | 15.8% | 4.9% | 0.00% | plus 64.4% |
| PTCILPTC Industries | 24,335.00 | plus 0.04% | 38,564 | 290.6 | 23.73 | 7.9% | 8.6% | 24.6% | 40.7% | 57.8% | 0.00% | plus 41.4% |
| ZETWERKZetwerk Manufacturing Businesses | 164.89 | minus 1.10% | 27,937 | – | −2.47 | −13.0% | −36.0% | 0.1% | 56.9% | – | 0.00% | plus 19.3% |
| HAPPYFORGEHappy Forgings | 1,694.50 | minus 10.00% | 15,996 | 49.0 | 7.00 | 18.9% | 15.2% | 30.6% | 9.8% | 13.1% | 0.24% | plus 85.8% |
| RKFORGERamkrishna Forgings | 693.85 | minus 4.25% | 13,087 | 68.4 | 3.51 | 4.7% | 5.6% | 17.1% | 10.5% | −33.9% | 0.58% | plus 35.6% |
| GRAVITAGravita India | 1,493.90 | minus 0.07% | 10,883 | 27.3 | 4.11 | 18.1% | 16.2% | 9.3% | 14.9% | 23.5% | 0.52% | minus 15.4% |
| RISHILASERishi Laser | 147.95 | plus 2.53% | 148 | 46.5 | 1.34 | 8.4% | 5.0% | 7.4% | 6.7% | −9.2% | 0.00% | plus 11.0% |
| Median of 7 peers | – | −1.10% | 27,937 | 84.7 | 7.00 | 15.6% | 8.6% | 17.1% | 14.9% | 18.3% | 0.24% | 35.6% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 41 | 42.8 | 36.4 | 40.8 | 42.3 | |
| 37.4 | 38.7 | 33.7 | 38.5 | 39.5 | |
| 3.6 | 4.2 | 2.7 | 2.3 | 2.7 | |
| 8.7% | 9.7% | 7.5% | 5.6% | 6.5% | |
| 0.4 | 0.1 | 0.3 | 0.5 | 0.2 | |
| 0.7 | 0.8 | 1.2 | 1.5 | 1 | |
| 0.7 | 0.8 | 1.6 | 1.5 | 1.3 | |
| – | – | – | −0.2 | – | |
| 2.6 | 2.7 | 0.3 | −0.4 | 0.6 | |
| 33.1% | 22.6% | −37.1% | 31.4% | 19.4% | |
| 1.8 | 2.1 | 0.1 | −0.3 | 0.5 | |
| 1.92 | 2.30 | 0.46 | -0.09 | 0.51 |
Profit & loss
- Sales CAGR 3Y
- +6.7%
- Profit CAGR 3Y
- −9.2%
- EPS CAGR 3Y
- −9.2%
- ROE
- 5.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 129 | 140 | 146 | 157 | |
| – | +8.6% | +4.5% | +7.1% | |
| 120 | 128 | 133 | 144 | |
| 9.3 | 11.9 | 13.7 | 12.8 | |
| 7.2% | 8.5% | 9.4% | 8.2% | |
| 1.1 | 0.7 | 0.5 | 1 | |
| 3.1 | 2.3 | 2.3 | 3.9 | |
| 2.8 | 2.5 | 2.9 | 4.5 | |
| 0.1 | 0.1 | −0.7 | −0.6 | |
| 4.6 | 8 | 8.3 | 4.9 | |
| −6.8% | −9.5% | 0.3% | 25.5% | |
| 4.9 | 8.7 | 8.3 | 3.7 | |
| – | +77.8% | minus 5.4% | minus 55.5% | |
| 5.34 | 9.49 | 8.98 | 4.00 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 9.2 | 9.2 | 9.2 | 9.2 | |
| 35.5 | 44.7 | 62.1 | 65.4 | |
| 9.3 | 12 | 19.3 | 35.6 | |
| 30.1 | 30.7 | 29.4 | 38.5 | |
| 84 | 96.7 | 120 | 149 | |
| 54.5 | 56.5 | 72.3 | 94.2 | |
| 0.1 | 0.2 | 5.3 | 4.2 | |
| 0.7 | 1.5 | 4.2 | 1.1 | |
| 1.8 | 6.6 | 6.3 | 5.1 | |
| 27 | 31.9 | 31.9 | 44.2 | |
| 84 | 96.7 | 120 | 149 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 4.5 | 10.9 | 8.8 | 8.1 | |
| 6.4 | −7.6 | −17.3 | −6.6 | |
| −9.7 | 0.1 | 4.8 | 0.2 | |
| 1.2 | 3.5 | −3.6 | 1.7 | |
| −1.4 | −4 | −14.3 | −12.7 | |
| 3.2 | 6.9 | −5.4 | −4.6 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
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